Oman’s Al Yusr finances Movenpick Hotel

MUSCAT: Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), recently hosted the signing ceremony for the financing of the 4-star Movenpick hotel – Bowsher; a step that will boost Islamic banking finance […]

Business and Banking

Kazakhstan seeks to become regional financial hub

ASTANA: Kazakhstan’s ambitious project to establish a financial services centre in Astana is now real with the launch of the Astana International Financial Centre (AIFC), The Astana Times reported. The new financial centre, in a […]


Growing need for retail green bonds

KUALA LUMPUR: Issuances of green bonds — funds specifically raised to support climate-related or environmental projects — have grown exponentially over the past few years. While the bonds have attracted large inflows from institutional investors, […]